8094 Garfield Ave APT 4-3Burr RidgeIL60527
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Burr Ridge at 8094 Garfield Ave APT 4-3, Burr Ridge, IL, 60527 uses $101,108 cash to close to unlock $6,555/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $2,662/mo, and a $1,493/mo payment keeps the spread at $546/mo. Purchase price stands at $305,000, and rental yield measures 10.47% with $2,662/mo rent. Return on cash invested shows 26.39% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 138.62% and total cumulative return in cash records $140,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,662/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60527, Willowbrook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,885 (100%) |
| Owner Occupied HU | 9,054 (70.3%) |
| Renter Occupied HU | 2,992 (23.2%) |
| Vacant Housing Units | 839 ( 6.5%) |
| Median Home Value | $536,048 |
| Average Home Value | $626,569 |
Housing Distribution
Address Breakdown
Residential
12,354
Single Family
7,316
Multi-Family
5,038
Businesses
1,182
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Listed by: Melanie Miller • Keller Williams ONEChicago
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12513073